In 2023, the volume of Canadian wine sales in Canada stood at 220.0 million liters. From 2024 to 2028, Canadian wine sales are forecasted to increase steadily, reaching 241.05 million liters in 2028. The year-on-year percentage growth ranges from 1.8% to 1.7% over the period. The compound annual growth rate (CAGR) over the five-year period is approximately 1.8%, indicating a consistent upward trend.
Future trends to watch for include shifts in consumer preferences towards premium and sustainable wines, the impact of climate change on grape production, and potential regulatory changes affecting the wine industry. Additionally, the emergence of digital sales platforms and experiential marketing could further influence the growth trajectory of Canadian wine sales.
